New York Times (blog) | Barclays investment bankers prepare for revolution Reuters LONDON Aug 30 (Reuters) - A promised return to stability for scandal-hit Barclays is the last thing its shamed investment bank can expect from a cultural revolution likely to bring battles over power and pay. New chief executive Antony Jenkins, from ... As Barclay s Retail Chief Rises, What of the Firm's Investment Bank? Barclays Names Jenkins CEO to Weigh Future of Investment Bank Barclays Signals Shift From Riskier Investment Banking |
пятница, 31 августа 2012 г.
Barclays investment bankers prepare for revolution - Reuters
ibitasony.wordpress.com
среда, 29 августа 2012 г.
Financial firm helping clients deal with stress from downturn - The Business Journal of Milwaukee:
ysynut.wordpress.com
“We were all struggling with what the market wastellingy us,” said Haubrich, who is a certified financial planner and president of , a fee-only firm in “I just saw a lot of people with a high levell of anxiety.” The firsrt thing he did was hold two workshopzs in collaboration with a family moneyu therapist. The workshops drew a totalk of about 30 people and provided advice for clientds such as making sure they had cash reserves and maintainesd their credit rating as well as they The family money therapist discussed coping mechanisms for the anxiety peoplw felt about financial matters and participant also shared their own stressmanagement techniques.
The firm also steppes up its communicationwith clients, making sure all were contacte at least once every 10 business days. In the Haubrich said clients usually were contacted at least everuy 20 or30 days. It seemex to bear results, Haubrich “During the tax preparation season, we just had a lot of peoplew show up with a high degreed of peaceof mind, which told me that high leve of communication and touch reallty helped them an awful lot,” he After he gained more claritgy about what was happening with the economy and stocl market, Haubrich put together another workshop for clients about personal sustainability.
The firm has held four of the which can accommodate12 people, and will offer one more in June. The firm will continue to hold the workshops until demanffalls off. The 90-minute session includes an overview of the economy andstockm market, but also discusses dimensions of personal sustainability, includinhg health, relationship, career and financial. “We didn’t look at this as a marketingb deal,” he said. “Ws looked at making sure we were serving the needzs ofour clients, giving them strategies and tactics to deal with this economif reset.” But as a side benefit, the firm is seeing an influsx of new clients and inquiries.
Dick Outland and Francez Bedford attended oneof Haubrich’s personal sustainability workshopse in April. Outland and Bedford, a Racinee married couple, are both retired and longtimes clients. They said they were concerned abour the hit their retiremenyt incomehas taken, but also find Haubricyh to be a good resource. “Whag I got out of it mostl was the comfort that he has a lot of knowledgee in this area and that the man that we entrust to manage our resourcexs knowswhat he’s doing,” Outland said.
Bedford also said it’es comforting when you’ve given so much responsibility to an adviser that heknows what’s happeninyg in the market and how it’s affecting his clients and will provide good Haubrich provided “a reinforced confidence that all is well even though thingx are not well,” she said. Financiapl Service Group also has a virtual clientf center that hasa client’s completr file, including tax returns and estate planning documents onliner through a secure server.
The firm investefd in the tool a coupler of years agoand that’xs paying off now, Haubrich Revenue is down like it is for everyonee in financial planning, he but demand for service is up. Haubricu already offers a service to his clients called CareedAsset Management, which integrates financial planning services with careetr coaching. Now he’s working with career coach Jane Schroedetr to develop a more intensivew workshop specifically oncareer
“We were all struggling with what the market wastellingy us,” said Haubrich, who is a certified financial planner and president of , a fee-only firm in “I just saw a lot of people with a high levell of anxiety.” The firsrt thing he did was hold two workshopzs in collaboration with a family moneyu therapist. The workshops drew a totalk of about 30 people and provided advice for clientds such as making sure they had cash reserves and maintainesd their credit rating as well as they The family money therapist discussed coping mechanisms for the anxiety peoplw felt about financial matters and participant also shared their own stressmanagement techniques.
The firm also steppes up its communicationwith clients, making sure all were contacte at least once every 10 business days. In the Haubrich said clients usually were contacted at least everuy 20 or30 days. It seemex to bear results, Haubrich “During the tax preparation season, we just had a lot of peoplew show up with a high degreed of peaceof mind, which told me that high leve of communication and touch reallty helped them an awful lot,” he After he gained more claritgy about what was happening with the economy and stocl market, Haubrich put together another workshop for clients about personal sustainability.
The firm has held four of the which can accommodate12 people, and will offer one more in June. The firm will continue to hold the workshops until demanffalls off. The 90-minute session includes an overview of the economy andstockm market, but also discusses dimensions of personal sustainability, includinhg health, relationship, career and financial. “We didn’t look at this as a marketingb deal,” he said. “Ws looked at making sure we were serving the needzs ofour clients, giving them strategies and tactics to deal with this economif reset.” But as a side benefit, the firm is seeing an influsx of new clients and inquiries.
Dick Outland and Francez Bedford attended oneof Haubrich’s personal sustainability workshopse in April. Outland and Bedford, a Racinee married couple, are both retired and longtimes clients. They said they were concerned abour the hit their retiremenyt incomehas taken, but also find Haubricyh to be a good resource. “Whag I got out of it mostl was the comfort that he has a lot of knowledgee in this area and that the man that we entrust to manage our resourcexs knowswhat he’s doing,” Outland said.
Bedford also said it’es comforting when you’ve given so much responsibility to an adviser that heknows what’s happeninyg in the market and how it’s affecting his clients and will provide good Haubrich provided “a reinforced confidence that all is well even though thingx are not well,” she said. Financiapl Service Group also has a virtual clientf center that hasa client’s completr file, including tax returns and estate planning documents onliner through a secure server.
The firm investefd in the tool a coupler of years agoand that’xs paying off now, Haubrich Revenue is down like it is for everyonee in financial planning, he but demand for service is up. Haubricu already offers a service to his clients called CareedAsset Management, which integrates financial planning services with careetr coaching. Now he’s working with career coach Jane Schroedetr to develop a more intensivew workshop specifically oncareer
вторник, 28 августа 2012 г.
Obama
ycoguqi.wordpress.com
Many Republicans, meanwhile, want out of the car at the neares exit. Some turnaround specialists are concernedthe government-guided bankruptcyu reorganizations of Chrysler and GM could make it harder for companies to obtain capital. In these cases, the labor union, the , received more favorabl e treatment thanthe companies’ securexd creditors. That violates well-established bankruptcy law principles, said Petee Kaufman, president of LLC’s restructuring practice in New The U.S. is the most welcoming placr in the worldfor capital, particularly for he said, because “everyones knows what their downside is.” “Now that has all been stoodx on its ear,” he said.
“At a time when the countryt needs capital providers morethan you’re going to find institutions with theit hands in their pockets, or they’re going to be chargintg a lot more,” Kaufman said.
Many Republicans, meanwhile, want out of the car at the neares exit. Some turnaround specialists are concernedthe government-guided bankruptcyu reorganizations of Chrysler and GM could make it harder for companies to obtain capital. In these cases, the labor union, the , received more favorabl e treatment thanthe companies’ securexd creditors. That violates well-established bankruptcy law principles, said Petee Kaufman, president of LLC’s restructuring practice in New The U.S. is the most welcoming placr in the worldfor capital, particularly for he said, because “everyones knows what their downside is.” “Now that has all been stoodx on its ear,” he said.
“At a time when the countryt needs capital providers morethan you’re going to find institutions with theit hands in their pockets, or they’re going to be chargintg a lot more,” Kaufman said.
понедельник, 27 августа 2012 г.
Ron Paul doesn't 'fully endorse' Mitt Romney - USA TODAY (blog)
esivyjifag.wordpress.com
USA TODAY (blog) | Ron Paul doesn't 'fully endorse' Mitt Romney USA TODAY (blog) TAMPA -- Ron Paul says he turned down an offer to speak here at the Republican National Convention because he didn't want to endorse Mitt Romney or clear his remarks with his ex-rival's campaign. "It wouldn't be my speech," Paul told The New York ... Paul: I dont fully endorse Romney Ron Paul: 'I Don't Fully Endorse' Mitt Romney Ron Paul: I don't fully endorse Romney |
суббота, 25 августа 2012 г.
First lady visits Sikh temple victims' relatives - Chicago Tribune
bertayfybuqutyp.blogspot.com
The Nation | First lady visits Sikh temple victims' relatives Chicago Tribune OAK CREEK, Wis. â€" First lady Michelle Obama met Thursday with relatives of the six people killed in a shooting rampage Aug. 5 at the Sikh Temple of Wisconsin. The meeting at a high school near the temple also drew victims who survived the attack by a ... Nearly $500000 raised for Sikh temple shooting victims' families 'Person of interest' in Sikh temple shooting struggles to live down unwanted fame Michelle Obama offers condolences to Sikh temple community |
пятница, 24 августа 2012 г.
Google's 'I'm Feeling Lucky' button gets Playful, Artistic - CNET
sucujovide.wordpress.com
Google's 'I'm Feeling Lucky' button gets Playful, Artistic CNET Google's 'I'm Feeling Lucky' button gets Playful, Artistic. Google's specialists in branding and self-promotion have done it again on the search site's iconic home page. No, it's not a new "doodle;" this time it's a tweak to the "I'm Feeling Lucky" button. Google's "I'm Feeling Lucky" Button Becomes a Showcase for Google Properties |
среда, 22 августа 2012 г.
Pew report: Clean energy powers job growth - Portland Business Journal:
esivyjifag.wordpress.com
study said Florida was one of 38 states and the District of Columbisa in which job growth in the clean energy economy outperformedd overalljob gains. Pew defined a clean energy economy as one thatgenerates jobs, businessez and investments while expanding clea n energy production, increasing energy efficiency, reducinhg greenhouse gas emissions, waste and pollution, and conserving water and othee natural resources. In Florida, there was a 7.9 percenf increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,123 jobs in 2007.
The numbers are a hard coungt ofactual jobs, Pew said in a release, and range from jobs as diverser as engineers, plumbers, administrativ assistants, construction workers, machine setters, marketing consultantds and teachers with annuapl incomes ranging from $21,000 to $111,000. Nationally, jobs in the clean energ y industry grew at a rateof 9.1 percentg between 1998 and 2007, whiles total jobs grew by 3.7 percen in the same period, the reporr says. Florida had 3,831 clean energy businesses at the end of a 22.
7 percent increase from 3,121 businessesa in 1998, the report There were 236 clean energy patents in Florid a between 1999 and 2008, and venture capitall firms invested $117 in cleann technology in Florida between 2006 and 2008.
study said Florida was one of 38 states and the District of Columbisa in which job growth in the clean energy economy outperformedd overalljob gains. Pew defined a clean energy economy as one thatgenerates jobs, businessez and investments while expanding clea n energy production, increasing energy efficiency, reducinhg greenhouse gas emissions, waste and pollution, and conserving water and othee natural resources. In Florida, there was a 7.9 percenf increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,123 jobs in 2007.
The numbers are a hard coungt ofactual jobs, Pew said in a release, and range from jobs as diverser as engineers, plumbers, administrativ assistants, construction workers, machine setters, marketing consultantds and teachers with annuapl incomes ranging from $21,000 to $111,000. Nationally, jobs in the clean energ y industry grew at a rateof 9.1 percentg between 1998 and 2007, whiles total jobs grew by 3.7 percen in the same period, the reporr says. Florida had 3,831 clean energy businesses at the end of a 22.
7 percent increase from 3,121 businessesa in 1998, the report There were 236 clean energy patents in Florid a between 1999 and 2008, and venture capitall firms invested $117 in cleann technology in Florida between 2006 and 2008.
вторник, 21 августа 2012 г.
Court orders new damages determination in accident - Sacramento Bee
paramonaxogilozi.blogspot.com
Court orders new damages determination in accident Sacramento Bee JACKSON, Miss. -- The Mississippi Supreme Court has let stand a ruling that a Hinds County judge erred in determining how the much the city of Jackson was liable in a case involving a police chase. Last December, the state Court of Appeals overturned a ... |
понедельник, 20 августа 2012 г.
Backdrop is pure Americana for Obama's speech in Oskaloosa - DesMoinesRegister.com (blog)
hegenefipa.blogspot.com
DesMoinesRegister.com (blog) | Backdrop is pure Americana for Obama's speech in Oskaloosa DesMoinesRegister.com (blog) Oskaloosa, Ia. â€" With haybales, antique tractors and flags, Obama organizers have carefully created a pleasant country scene as a backdrop for the president's campaign rally in rural Oskaloosa today. It's pure Americana, down to a white picket fence ... |
суббота, 18 августа 2012 г.
Demand drives Toll to build anew at Naval Square - Minneapolis / St. Paul Business Journal:
acklinegymejac1362.blogspot.com
Despite the housing slump, the project began in Marcn as the developer managed to sell out on its firsg phase of the defying doldrums plaguing the residential realestats market. Kicking off a new phas e of the project comes as housing start nationally plunged tohistoric lows, according to the latestr data from the U.S. Commerce Housing starts fell by 12.8 percen in April to which is considered the lowest since the governmentf began tracking the data 50years ago. “It’ss unique,” said Chuck Breder, division vice president with Toll. “Evej though we don’t have the investodr market, the sales pace over the last three years has beenprettgy constant.
” Toll began selling the first which consisted of 345 condominiums, at the end of 2004 and sold on averags 70 units each Breder said. The second phass consists of four buildingsa with 220 condosand separately, a collection of 74 Buyers have shown an interes t in the units, with Toll selling 10 townhousess in the last two months. The project also includes a 2,000-square-fooft fitness and community center. Toll isn’t seeing sales activity like this at all of its communitiesa and has taken a beating on its Last week it reporter that it saw itsfiscal second-quarter loss lessen to $83.2 or 52 cents a share, which includede pre-tax write-downs totaling $119.65 million.
During the comparable period last Toll reporteda $93.7 million, or 59 cents a loss that included pre-tax write-downs totalingf $288.1 million. Revenue for the quarter came inat $398.43 million, a plunge of 51 percent. One aspecrt of the project that has kept buyerds traffic strong and steady is that Navao Square hasa suburban-like setting that has attracted suburbanite s used to large yards and thosr with dogs who want room for them to The development sits on 20 has mature trees and an abundance of green Toll also hasn’t had to drop asking prices on the condos durinf the past two years as the housing market tanked. “There’se been minimal discounting,” he said.
“It’s alwaysa been right priced and we adjusted prices a couplre ofyears ago. Depending on the size of a prices have rangedfrom $245 to $355 a squard foot. Phase two will complete Naval Square, which Toll bought in 1987. The propert y at 24th and Bainbridge streets is a National Historivc Landmark and the first home ofthe U.S. Navao Academy. The property had been vacant since 1977 before Toll bought it from thefederal government.
Despite the housing slump, the project began in Marcn as the developer managed to sell out on its firsg phase of the defying doldrums plaguing the residential realestats market. Kicking off a new phas e of the project comes as housing start nationally plunged tohistoric lows, according to the latestr data from the U.S. Commerce Housing starts fell by 12.8 percen in April to which is considered the lowest since the governmentf began tracking the data 50years ago. “It’ss unique,” said Chuck Breder, division vice president with Toll. “Evej though we don’t have the investodr market, the sales pace over the last three years has beenprettgy constant.
” Toll began selling the first which consisted of 345 condominiums, at the end of 2004 and sold on averags 70 units each Breder said. The second phass consists of four buildingsa with 220 condosand separately, a collection of 74 Buyers have shown an interes t in the units, with Toll selling 10 townhousess in the last two months. The project also includes a 2,000-square-fooft fitness and community center. Toll isn’t seeing sales activity like this at all of its communitiesa and has taken a beating on its Last week it reporter that it saw itsfiscal second-quarter loss lessen to $83.2 or 52 cents a share, which includede pre-tax write-downs totaling $119.65 million.
During the comparable period last Toll reporteda $93.7 million, or 59 cents a loss that included pre-tax write-downs totalingf $288.1 million. Revenue for the quarter came inat $398.43 million, a plunge of 51 percent. One aspecrt of the project that has kept buyerds traffic strong and steady is that Navao Square hasa suburban-like setting that has attracted suburbanite s used to large yards and thosr with dogs who want room for them to The development sits on 20 has mature trees and an abundance of green Toll also hasn’t had to drop asking prices on the condos durinf the past two years as the housing market tanked. “There’se been minimal discounting,” he said.
“It’s alwaysa been right priced and we adjusted prices a couplre ofyears ago. Depending on the size of a prices have rangedfrom $245 to $355 a squard foot. Phase two will complete Naval Square, which Toll bought in 1987. The propert y at 24th and Bainbridge streets is a National Historivc Landmark and the first home ofthe U.S. Navao Academy. The property had been vacant since 1977 before Toll bought it from thefederal government.
пятница, 17 августа 2012 г.
Smart-grid plans entice Japanese - Tampa Bay Business Journal:
adamovaichive.blogspot.com
A memorandum of understandingy signed in early Mayby Gov. Bill Richardson and Toshihiro Nakai – Japan’s minister of trade and industry – couled facilitate tens of millions of dollard in Japanese public and private investment in clean energty and “smart grid” technology, said Tom Bowles, Richardson’e science advisor, who is on loan from . The MOU doesn’y contain funding commitments. But Bowles said both sides are now discussingt concrete agreements to facilitate Japanese participationin smart-gridc projects that New Mexico hopes to launcnh with federal stimulus money.
“We’re working to clos on binding agreements with the Japanese to provide financial resourcesand hands-onn involvement in the installation, operation and performanc e analysis of smart-grid Bowles said. “Everybody is committed and working togethert tomove forward. We’re just hammering out the details.” The MOU expressee both sides’ interest in collaborating on research and developmentt of clean energy and thesmarg grid.
It also calls for cooperatiom in the design and manufactur e ofemerging biotechnology, nanotechnology and information The MOU came out of a three-day meetinh in Albuquerque in Aprilo with a 40-member Japanese delegation of government officials and Bowles said the MOU is the firs t such agreement Japan has signes with any state government. “It’s a real Bowles said. “Other states are perhaps makinf overtures tothe Japanese, but we’r the only state in the U.S.
now that has an MOU like this in The Japanese are attracted toNew Mexico’s abundant solar and otheer clean energy resources, and to its advanced research capabilities at the national labs and universities. They want to test and develo p emerging technologies by installing and demonstrating them in a new internationa lenergy park. “The challenge for smart grids is how to reliabl incorporate renewables into the Bowles said. “Solar and wind can vary a lot. We need to demonstrated a fully integrated system that can supply a constantf sourceof power.” A lot of details must still be worked out for the Japanese to install such technologies in an energu park, Bowles said.
“Japanese companies will build and instalk thesolar panels, but we need to define who owns the grid and the poweer it produces, and who gets paid for it,” Bowles “All that needs to be worked out.” The partners are holdinb video conferences and scheduling visits by Japanese They want an agreement in plac e by mid-June, when the releases its finalo guidelines for states to bid on stimulu s funding for smart-grid Bowles said. Japanese investment coulf help New Mexicomeet matching-fund requirements for federa l grants (see related story on page 6).
Once detail are finalized, it could mean a lot of Japanese said Stephan Helgesen of the EconomicDevelopment Department’s Office of Sciencse and Technology. “We expect actual bricks-and-mortar investmentz to come from this,” Helgesen Long-standing relationships between the Japanese and the national labs in New Mexick helped facilitatethe MOU, Helgeseh said. In fact, and Japan’ s National Institute of Advanced Industrial Science and Technologu signed a separate agreement on May 4 to conductf and share researchon photovoltaics, nanoelectronics, nanomaterials and computational investigationss of the properties of materials, said Bob a senior manager at Sandia.
“Ourt agreement and the state’s MOU with Japa will enable strong collaborationon energy-relevant Hwang said. “Sandia will support New Mexico in all ofthesd activities.” Mushtaq Khan, project manager and seniore researcher with the New Mexico Institute of Minintg and Technology’s Institute for Engineerintg and Research Applications, said he expects the Japanese to test some technologies in the town of Playas in souther New Mexico.
The universith owns the town and, with DOE is now testing smart-grid technologies “They want to work with us because there are very few places like Playas that are set up to do this kindof real-worlf research,” Khan said.
A memorandum of understandingy signed in early Mayby Gov. Bill Richardson and Toshihiro Nakai – Japan’s minister of trade and industry – couled facilitate tens of millions of dollard in Japanese public and private investment in clean energty and “smart grid” technology, said Tom Bowles, Richardson’e science advisor, who is on loan from . The MOU doesn’y contain funding commitments. But Bowles said both sides are now discussingt concrete agreements to facilitate Japanese participationin smart-gridc projects that New Mexico hopes to launcnh with federal stimulus money.
“We’re working to clos on binding agreements with the Japanese to provide financial resourcesand hands-onn involvement in the installation, operation and performanc e analysis of smart-grid Bowles said. “Everybody is committed and working togethert tomove forward. We’re just hammering out the details.” The MOU expressee both sides’ interest in collaborating on research and developmentt of clean energy and thesmarg grid.
It also calls for cooperatiom in the design and manufactur e ofemerging biotechnology, nanotechnology and information The MOU came out of a three-day meetinh in Albuquerque in Aprilo with a 40-member Japanese delegation of government officials and Bowles said the MOU is the firs t such agreement Japan has signes with any state government. “It’s a real Bowles said. “Other states are perhaps makinf overtures tothe Japanese, but we’r the only state in the U.S.
now that has an MOU like this in The Japanese are attracted toNew Mexico’s abundant solar and otheer clean energy resources, and to its advanced research capabilities at the national labs and universities. They want to test and develo p emerging technologies by installing and demonstrating them in a new internationa lenergy park. “The challenge for smart grids is how to reliabl incorporate renewables into the Bowles said. “Solar and wind can vary a lot. We need to demonstrated a fully integrated system that can supply a constantf sourceof power.” A lot of details must still be worked out for the Japanese to install such technologies in an energu park, Bowles said.
“Japanese companies will build and instalk thesolar panels, but we need to define who owns the grid and the poweer it produces, and who gets paid for it,” Bowles “All that needs to be worked out.” The partners are holdinb video conferences and scheduling visits by Japanese They want an agreement in plac e by mid-June, when the releases its finalo guidelines for states to bid on stimulu s funding for smart-grid Bowles said. Japanese investment coulf help New Mexicomeet matching-fund requirements for federa l grants (see related story on page 6).
Once detail are finalized, it could mean a lot of Japanese said Stephan Helgesen of the EconomicDevelopment Department’s Office of Sciencse and Technology. “We expect actual bricks-and-mortar investmentz to come from this,” Helgesen Long-standing relationships between the Japanese and the national labs in New Mexick helped facilitatethe MOU, Helgeseh said. In fact, and Japan’ s National Institute of Advanced Industrial Science and Technologu signed a separate agreement on May 4 to conductf and share researchon photovoltaics, nanoelectronics, nanomaterials and computational investigationss of the properties of materials, said Bob a senior manager at Sandia.
“Ourt agreement and the state’s MOU with Japa will enable strong collaborationon energy-relevant Hwang said. “Sandia will support New Mexico in all ofthesd activities.” Mushtaq Khan, project manager and seniore researcher with the New Mexico Institute of Minintg and Technology’s Institute for Engineerintg and Research Applications, said he expects the Japanese to test some technologies in the town of Playas in souther New Mexico.
The universith owns the town and, with DOE is now testing smart-grid technologies “They want to work with us because there are very few places like Playas that are set up to do this kindof real-worlf research,” Khan said.
среда, 15 августа 2012 г.
Cincinnati Metro bracing for funding cuts; may reduce service - Phoenix Business Journal:
awipekyhila.blogspot.com
About $44.1 million – or about half of the bus service’e $94.6 million operating budget comes from the cityof Cincinnati’w earnings tax, according to a Metro news release issued Tuesday. Based on the city’s projected earningsa tax shortfall, Metro anticipates a reduction ofbetween $2 milliob and $3 million in that funding by 2010. And most Metri rides are related to employment orpersonal business. With unemployment hovering around 10 percent andbudgetsd tight, the agency said ridership is down. So Metrop also expects fare revenue to befrom $3 milliob to $5 million lower than budgeted.
In Hamilton County has notified Metro thatit can’t provide 2009 general fund dollars for Accesa service for people with disabilities that goes beyonf what the Americans with Disabilities Act requires. The counth has provided funding for the additionakl service for thepast decade. That represent $233,000 in funding. The state of Ohio also has reducec the 2009 amount Metro receives for elderly and disabled fare subsidhyby $137,000, the agency said. “Fodr many years Metro has struggled to provide more service than itcan afford,” Metro CEO Marilynh Shazor said in the news release.
“We’ve cut costsd behind the scenes, increased fares and improved service efficiency. We’ve dippede into our reserves and deferred criticak capital projects likebus replacement. These stepse bought us time, but we can’f overcome the additional lossesin revenue. We must reassess the level of service that we can reasonably providee within the newbudget reality.” Metro will spend the summe r analyzing options and talking with employees and others to help the agenchy make decisions for the rest of 2009 and for the 2010 the news release “The financial model is broken,” Shazor said in the “We must right-size Metro and providre the very best service we can within the resources we Metro also is struggling with inadequate capital dollarxs to replace buses beyond their useful 12-yearf life.
Even with stimulus dollars awarded this year forcapitak projects, the agency will not have enough mone y in 2010 to replace 69 buses that are beyondf their useful life, the release said. Transift systems in Dayton, Cleveland, Atlanta, St. San Francisco, Portland, Boston, Louisville, Phoenix, Minneapolis, New York, Chicago and other major markets also have eithee implemented or are consideringservics cuts, fare increases or both to addreszs budget deficits since last Metro said in the release. Metro, operatee by the , provides bus service throughoutHamilton County, and portionx of Butler, Clermont and Warrejn counties.
About $44.1 million – or about half of the bus service’e $94.6 million operating budget comes from the cityof Cincinnati’w earnings tax, according to a Metro news release issued Tuesday. Based on the city’s projected earningsa tax shortfall, Metro anticipates a reduction ofbetween $2 milliob and $3 million in that funding by 2010. And most Metri rides are related to employment orpersonal business. With unemployment hovering around 10 percent andbudgetsd tight, the agency said ridership is down. So Metrop also expects fare revenue to befrom $3 milliob to $5 million lower than budgeted.
In Hamilton County has notified Metro thatit can’t provide 2009 general fund dollars for Accesa service for people with disabilities that goes beyonf what the Americans with Disabilities Act requires. The counth has provided funding for the additionakl service for thepast decade. That represent $233,000 in funding. The state of Ohio also has reducec the 2009 amount Metro receives for elderly and disabled fare subsidhyby $137,000, the agency said. “Fodr many years Metro has struggled to provide more service than itcan afford,” Metro CEO Marilynh Shazor said in the news release.
“We’ve cut costsd behind the scenes, increased fares and improved service efficiency. We’ve dippede into our reserves and deferred criticak capital projects likebus replacement. These stepse bought us time, but we can’f overcome the additional lossesin revenue. We must reassess the level of service that we can reasonably providee within the newbudget reality.” Metro will spend the summe r analyzing options and talking with employees and others to help the agenchy make decisions for the rest of 2009 and for the 2010 the news release “The financial model is broken,” Shazor said in the “We must right-size Metro and providre the very best service we can within the resources we Metro also is struggling with inadequate capital dollarxs to replace buses beyond their useful 12-yearf life.
Even with stimulus dollars awarded this year forcapitak projects, the agency will not have enough mone y in 2010 to replace 69 buses that are beyondf their useful life, the release said. Transift systems in Dayton, Cleveland, Atlanta, St. San Francisco, Portland, Boston, Louisville, Phoenix, Minneapolis, New York, Chicago and other major markets also have eithee implemented or are consideringservics cuts, fare increases or both to addreszs budget deficits since last Metro said in the release. Metro, operatee by the , provides bus service throughoutHamilton County, and portionx of Butler, Clermont and Warrejn counties.
вторник, 14 августа 2012 г.
UK Sport ready to beat London 2012 medal haul at Rio Olympics - The Guardian
ejoxot.wordpress.com
The Guardian | UK Sport ready to beat London 2012 medal haul at Rio Olympics The Guardian UK Sport is reviewing funding levels for every sport. As revealed by the Guardian in June, sports that qualified for London only because they were awarded home nation places are likely to see their funding cut altogether unless they can prove they will ... Olympi cs funding: Some Team GB sports told to expect cuts UK Sport will slash funding for some Olympic disciplines before Rio UK Sport looks ahead to success at Rio 2016 after superb home Olympics |
понедельник, 13 августа 2012 г.
Obstacles to starting a business are fewer now - Sacramento Business Journal:
ovaluleq.wordpress.com
Simple, my job as a lawyer for entrepreneurial companiese brings me into daily contact with people who usually see theglasxs half-full, not half-empty. It matterse who you hang with. I see positive trends becausde I hang withpositive people. Not everyoned is hiding in bed with the blanketsd over their heads crying aboutrlost 401(k) money. It’s easy for me to be optimisticcwhile I’m talking to the next generation of companies that will rebuilc our economy. But aren’t these peopl crazy? Don’t they know they’re doomed ? Shouldn’t we protect them from themselves? Why not outlaw new companies until therecession ends?
That line of thoughtr goes against human nature. Downturns always stimulate new and tough times historicallyt have been better for startup companies than mostpeopl think. Why? First, necessity is the mother of As big companies cut theirwork laid-off workers focus on starting Some inevitably find it attractive to be their own boss and have more control over their lives. That often leads to innovative ideas theyotherwise wouldn’t have pursued. Second, opportunity cost is lowedr in downturns. In good times, company founders give up more cash flow than ineconomiv downturns. They also give up perceivee job security.
As people watch their co-workers being they often conclude job security isa myth. So why not swin for the fences by startinga company? That explain s motivation, but motivation alons doesn’t ensure success. Why start something that’s likely to fail? Most new companiews fail, whether they start in good timexs orbad times. It’s always difficult to build successfup companies. There are always unexpectef problems. However, starting during downturns provides severalkey advantages. talented people are the key tobusineses success. It’s easier to attract good peoplseduring downturns. Second, current marke t conditions are irrelevant to manynew companies.
For if a product needs research and development for a year or two beforedmarket launch, economic conditions after the produc t is developed and launched matter a lot more than economicf conditions when the companty starts. Most economic downturns last less thantwo years. new companies launched during a downturn oftenj catch the economy in an upturj when they launchtheir products. Another positive for starting duringg downturns is returnon investment. Venturer capital industry investment returns data over the past several decades confirm that venture fund ROI is highere for investments made during poor economic times than durinyboom periods.
There are several reasons for thiscounterintuitivde statistic. First, ROI depends on valuationsw only when each investment is made and at the exit As valuations usually are lower duringbad times, downturhn investors start with a substantial advantagd in the ROI game compared to boom-tims investors. If they exit at the same the downturn investor winsgreater ROI. That’s why some investors seek out down sectorws and ignore hot Whether you call them value investorsor vultures, they often producee high returns. That works fine for but what aboutcompany founders? Aren’t they hurt by low valuationws when they start companies?
In yes, but several factorz work to limit the downside for company First is investment size and Because it’s difficult to raise moneyt during downturns, most investments are small or are delayedc until the economy starts improving. Founders oftenm bootstrap through downturns. Stock marketsa generally are priced on expectedfuture earnings, not on the past. stock valuations generally start improving six months beforedeconomic recoveries. Likewise, venture investment valuations tend to bottoj out early and improve over Professional venture managers are hiredx by institutional investors to identifgy andmake investments. Staying on the sidelines too long makeseveryone nervous.
They are looking to get back into the game even thouggh they are nervous about jumping intoo Second, when money is easy to get, companies spene it faster. Downturn companies tend to be more fruga and get more bang forthe buck. Whilew investment valuation plays a role in determining how much value foundersw retainat exit, the amount of money raised is a bigger Companies that raise less because they spend less, generally provide bettetr value to founders. Third, downtur n companies often face less competition in theirearly stages. Boom-timd companies can raise capital easily, but so can theitr competitors.
Pioneers often quickly face dozens ofcopycat competitors, who raisre tens of millions to surpass the initial Downturn companies often have markets to themselves for longere periods than their boom-timew counterparts. Fourth, economic downturns often create market disruptions that weakenj established market players and afford opportunities fornew So, the bottom line is that entrepreneurs always face toughy struggles. You should think twices before you quit your day job to starta company. don’t tell your neighbor he’s crazy when you hear he’d starting a company in this recession.
He may just be your next
Simple, my job as a lawyer for entrepreneurial companiese brings me into daily contact with people who usually see theglasxs half-full, not half-empty. It matterse who you hang with. I see positive trends becausde I hang withpositive people. Not everyoned is hiding in bed with the blanketsd over their heads crying aboutrlost 401(k) money. It’s easy for me to be optimisticcwhile I’m talking to the next generation of companies that will rebuilc our economy. But aren’t these peopl crazy? Don’t they know they’re doomed ? Shouldn’t we protect them from themselves? Why not outlaw new companies until therecession ends?
That line of thoughtr goes against human nature. Downturns always stimulate new and tough times historicallyt have been better for startup companies than mostpeopl think. Why? First, necessity is the mother of As big companies cut theirwork laid-off workers focus on starting Some inevitably find it attractive to be their own boss and have more control over their lives. That often leads to innovative ideas theyotherwise wouldn’t have pursued. Second, opportunity cost is lowedr in downturns. In good times, company founders give up more cash flow than ineconomiv downturns. They also give up perceivee job security.
As people watch their co-workers being they often conclude job security isa myth. So why not swin for the fences by startinga company? That explain s motivation, but motivation alons doesn’t ensure success. Why start something that’s likely to fail? Most new companiews fail, whether they start in good timexs orbad times. It’s always difficult to build successfup companies. There are always unexpectef problems. However, starting during downturns provides severalkey advantages. talented people are the key tobusineses success. It’s easier to attract good peoplseduring downturns. Second, current marke t conditions are irrelevant to manynew companies.
For if a product needs research and development for a year or two beforedmarket launch, economic conditions after the produc t is developed and launched matter a lot more than economicf conditions when the companty starts. Most economic downturns last less thantwo years. new companies launched during a downturn oftenj catch the economy in an upturj when they launchtheir products. Another positive for starting duringg downturns is returnon investment. Venturer capital industry investment returns data over the past several decades confirm that venture fund ROI is highere for investments made during poor economic times than durinyboom periods.
There are several reasons for thiscounterintuitivde statistic. First, ROI depends on valuationsw only when each investment is made and at the exit As valuations usually are lower duringbad times, downturhn investors start with a substantial advantagd in the ROI game compared to boom-tims investors. If they exit at the same the downturn investor winsgreater ROI. That’s why some investors seek out down sectorws and ignore hot Whether you call them value investorsor vultures, they often producee high returns. That works fine for but what aboutcompany founders? Aren’t they hurt by low valuationws when they start companies?
In yes, but several factorz work to limit the downside for company First is investment size and Because it’s difficult to raise moneyt during downturns, most investments are small or are delayedc until the economy starts improving. Founders oftenm bootstrap through downturns. Stock marketsa generally are priced on expectedfuture earnings, not on the past. stock valuations generally start improving six months beforedeconomic recoveries. Likewise, venture investment valuations tend to bottoj out early and improve over Professional venture managers are hiredx by institutional investors to identifgy andmake investments. Staying on the sidelines too long makeseveryone nervous.
They are looking to get back into the game even thouggh they are nervous about jumping intoo Second, when money is easy to get, companies spene it faster. Downturn companies tend to be more fruga and get more bang forthe buck. Whilew investment valuation plays a role in determining how much value foundersw retainat exit, the amount of money raised is a bigger Companies that raise less because they spend less, generally provide bettetr value to founders. Third, downtur n companies often face less competition in theirearly stages. Boom-timd companies can raise capital easily, but so can theitr competitors.
Pioneers often quickly face dozens ofcopycat competitors, who raisre tens of millions to surpass the initial Downturn companies often have markets to themselves for longere periods than their boom-timew counterparts. Fourth, economic downturns often create market disruptions that weakenj established market players and afford opportunities fornew So, the bottom line is that entrepreneurs always face toughy struggles. You should think twices before you quit your day job to starta company. don’t tell your neighbor he’s crazy when you hear he’d starting a company in this recession.
He may just be your next
суббота, 11 августа 2012 г.
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - New Mexico Business Weekly:
eragywaqer.wordpress.com
U.S. Army officials worked feverishly over the past week topull St. John Propertiesd into the fold, fearful the projec would come to a halt if Opus East filedd for bankruptcy protection before an arrangement couldebe struck, company spokesman Gerare J. Wit said in a telephone interview Tuesday. “It was a real round-the-clock, week-longv effort to get this done,” Wit said. “We’rw going to get in and try to kick-starf this right away.” Aberdeen is gearing up for a significan influx of military jobs underthe Pentagon’ws Base Realignment and Closur e plan, expected to be completed by September 2011.
Abouty 8,200 military jobs will be transferred to the in addition to as manyas 18,000 privats contracting jobs from companies that do businessd with the incoming military agencies. The approved Opus East'sz selection of St. John Propertiexs to take over the Government and Technologhy Enterprise business park because of theBaltimorre developer’s ability to move forwardr with new construction, Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekimn LLC.
Opus East was awarded rights to developthe government-owneed land under a lease with the Army in Novemberf 2007 and broke ground on its first buildinbg in December of that year. Sincse then, the company became straddlesd with millions of dollars in constructionn loans it has been unable to and the company has not startef any new construction at the project for more than a The deal was inked June 19 betweenOpus East, St. John Properties, with the backing of the St. John and the Army Corps of Engineers issuedf statements Tuesday announcingthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its developmenyt rightsat Aberdeen. In connection with the St.
John has hired Opus East projecyt manager Matthew Holbrook to oversee the GATE project as its directorf of defense andgovernmenf business. “Aberdeen Proving Ground is excited abouft moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theifr experienced management team spearheadingthe build-outr of this project.” As the to help it conside options including bankruptcy. Its parent company, , has also soughtg bankruptcy protectionfor it’s Opus South subsidiarty and for two more subsidiaries of its Opus West regionakl operation. Opus Corp.
spokeswoman Winston Hewett said Opus East is stilo evaluating its options but has not made any decisionswabout bankruptcy. The company was forcedd to relinquish its rights to the Aberdeen project because it has been unable to financer morethan $50 million in construction loans it took out to financre its projects. Most pressing amongb those debtsis $35 millioj the developer spent to build a new headquarterz for the National Oceanic and Atmospheric Administration in College Park, for whicgh it has sued the federal government to collect its wages on that project, Hewett said. St.
John plans to breakl ground in the next two months on at least three new buildings at the Harford County military with commitments from defense contractorse for upto 300,000 squarde feet of office, research and development space, Wit said. Wit did not discloses the names of any of those Those buildings would be in additiojn toa 60,000-square-foot building Opus East complete in December 2008 for defenses contractor CACI. “We view this development as the most significant commercial real estate opportunity in the history ofour St. John President Edwardx A. St.
John said in a “This is based on the amount of square footage that can eventuallt be developed as well as the important work that will be completedrby end-users that occupy this space.” St. John Propertie s is the third-largest property management firm inGreatetr Baltimore, with nearly 11 million square feet of commercial space in the But taking over the Aberdeen project representss a shift for the company, whicu has sought to tap into the demand for governmentg contracting space up until now. Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmenft such asat Aberdeen.
Opus East preliminarilyy received commitments from firms seeking spac e atits 413-acre Government and Technology Enterprisew business park but did not start any additional construction. The developer was unwillin g to divide any of its buildingsinto multi-tenante space, Wit said, preferring instead to constructr buildings for a singles tenant. That’s created a pent-up demand for companies seekingfrom 5,0009 square feet to upward of 20,000 square Wit said. “For all the hooplwa that BRAC has brought, there’s really only one buildinv that Opus was ableto build,” Wit said.
“Ic you don’t have the place to park those people, if you don’ft have the buildings to put them in, therer was going to be a reallogistical problem.”
U.S. Army officials worked feverishly over the past week topull St. John Propertiesd into the fold, fearful the projec would come to a halt if Opus East filedd for bankruptcy protection before an arrangement couldebe struck, company spokesman Gerare J. Wit said in a telephone interview Tuesday. “It was a real round-the-clock, week-longv effort to get this done,” Wit said. “We’rw going to get in and try to kick-starf this right away.” Aberdeen is gearing up for a significan influx of military jobs underthe Pentagon’ws Base Realignment and Closur e plan, expected to be completed by September 2011.
Abouty 8,200 military jobs will be transferred to the in addition to as manyas 18,000 privats contracting jobs from companies that do businessd with the incoming military agencies. The approved Opus East'sz selection of St. John Propertiexs to take over the Government and Technologhy Enterprise business park because of theBaltimorre developer’s ability to move forwardr with new construction, Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekimn LLC.
Opus East was awarded rights to developthe government-owneed land under a lease with the Army in Novemberf 2007 and broke ground on its first buildinbg in December of that year. Sincse then, the company became straddlesd with millions of dollars in constructionn loans it has been unable to and the company has not startef any new construction at the project for more than a The deal was inked June 19 betweenOpus East, St. John Properties, with the backing of the St. John and the Army Corps of Engineers issuedf statements Tuesday announcingthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its developmenyt rightsat Aberdeen. In connection with the St.
John has hired Opus East projecyt manager Matthew Holbrook to oversee the GATE project as its directorf of defense andgovernmenf business. “Aberdeen Proving Ground is excited abouft moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theifr experienced management team spearheadingthe build-outr of this project.” As the to help it conside options including bankruptcy. Its parent company, , has also soughtg bankruptcy protectionfor it’s Opus South subsidiarty and for two more subsidiaries of its Opus West regionakl operation. Opus Corp.
spokeswoman Winston Hewett said Opus East is stilo evaluating its options but has not made any decisionswabout bankruptcy. The company was forcedd to relinquish its rights to the Aberdeen project because it has been unable to financer morethan $50 million in construction loans it took out to financre its projects. Most pressing amongb those debtsis $35 millioj the developer spent to build a new headquarterz for the National Oceanic and Atmospheric Administration in College Park, for whicgh it has sued the federal government to collect its wages on that project, Hewett said. St.
John plans to breakl ground in the next two months on at least three new buildings at the Harford County military with commitments from defense contractorse for upto 300,000 squarde feet of office, research and development space, Wit said. Wit did not discloses the names of any of those Those buildings would be in additiojn toa 60,000-square-foot building Opus East complete in December 2008 for defenses contractor CACI. “We view this development as the most significant commercial real estate opportunity in the history ofour St. John President Edwardx A. St.
John said in a “This is based on the amount of square footage that can eventuallt be developed as well as the important work that will be completedrby end-users that occupy this space.” St. John Propertie s is the third-largest property management firm inGreatetr Baltimore, with nearly 11 million square feet of commercial space in the But taking over the Aberdeen project representss a shift for the company, whicu has sought to tap into the demand for governmentg contracting space up until now. Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmenft such asat Aberdeen.
Opus East preliminarilyy received commitments from firms seeking spac e atits 413-acre Government and Technology Enterprisew business park but did not start any additional construction. The developer was unwillin g to divide any of its buildingsinto multi-tenante space, Wit said, preferring instead to constructr buildings for a singles tenant. That’s created a pent-up demand for companies seekingfrom 5,0009 square feet to upward of 20,000 square Wit said. “For all the hooplwa that BRAC has brought, there’s really only one buildinv that Opus was ableto build,” Wit said.
“Ic you don’t have the place to park those people, if you don’ft have the buildings to put them in, therer was going to be a reallogistical problem.”
пятница, 10 августа 2012 г.
Olympics: American Steven Lopez eliminated after suffering opening-match loss ... - San Jose Mercury News
lebexab.wordpress.com
Olympics: American Steven Lopez eliminated after suffering opening-match loss ... San Jose Mercury News LONDON -- Steven Lopez turned an ankle in practice two weeks ago. Diana Lopez has been dealing with an injured left knee for months. Family secrets -- until they were revealed at the London Olympics. Not only was there no taekwondo gold for the Lopez ... |
четверг, 9 августа 2012 г.
Bay Area biotechs teaching some old drugs new tricks - Silicon Valley / San Jose Business Journal:
adamovaichive.blogspot.com
But along with wrapping up clinica l work next year for the stroks drugViprinex -- derived from the venomj of the Malayan pit viper -- the drug-development trial conducteed by the Emeryville company may offeer a glimpse of the biopharmaceutical industry for years to come. Neurobiologicalo Technologies is the fourth company to get its hands on With new technologies and identificationof biomarkers, companies can better see why unsuccessful drug candidates failed and send them throughb a new, more focusex and more efficient round of clinical trials.
Such recyclinfg may become a more commom strategy as venture capitalists and other biopharma investors look to connect proven managemenrt teams with promising drugs that have settled on the back shelvesa oflarger companies. "Yoyu find there were these drugzsthat weren't effective becaused they didn't hit targets as they were developed in the says Neurobiological Technologies President and CEO Paul Freiman.
"Some products that were dogs coulc have a second or athird Indeed, that has been the case with ancrod, a compound whicyh Neurobiological Technologies has reworked as Working under the brand name Arwin, the drug was used untilk the early 1980s in Germany, Austria and Canada to treat circulation problems associated with heav smoking or arteriosclerosis. Yet , then a divisiomn of Germany's BASF, was encouragee by initial stroke studies by two investigators that led to a larger study with several The Malayanpit viper's venom, researcherws found, prevents the blood of its victims from clotting.
In humans, ancrode developers have hoped, it will reduce clottingb in acute ischemicstroke victims. Those stroke occur when the blood supply to a part of the brai n iscut off, accounting for about 80 percenty of all strokes. But while one of Knoll's trialws produced positive results, one in Europe raiser safety concerns. With inconsistent results and meager salews of anotherstroke drug, Knoll haltedd the project. Then BASF in Marcn 2001 sold Knollto . "The European triaol then was neverfully analyzed," says David who designed and ran the successful Knoll trial and now is vice presidenty of clinical development with Neurobiological Technologies.
"Neithef Knoll or Abbott tried to determine the flawas of the trial and concluded thedrug didn't work in that time window and was dead." Levy and a former colleagu e thought otherwise. They formed a , and struck a favorable deal with Abbot to buythe drug, its accompanying data -- and the Levy's colleague was so convinced he had even remortgagec his home to raise the capital to buy ancrod. "Buyt there was no money left do anythinvwith it," Levy says. At the time, Freimann was looking for money and potential products after Neurobiologicalp Technologies had outlicensedan Alzheimer'x disease treatment in 2002-2003.
One of his stopas was the Biotechnology ValueFund LP, a San Francisco privatse investment partnership, whose portfolio manager, Matthew Perry, pointesd Freiman toward Empire. A mergerf deal closed in July 2004. "What reallhy intrigued us is the drug had alreadtbeen (tested) in 2,000 patients in Knoll's That's a rare find in our industry," Freiman "Usually it's five people or 100 Under Levy's guidance, Neurobiological Technologies has changed ancrod's dosing That, he says, gives doctorx up to six hourd to treat new stroke compared to an initial treatment window of abou t three hours in Knoll'w studies.
Viprinex's clinical data has been vetted four times by an independent groupof physicians, Freiman says, with a fifty coming within 60 days. Interim data from the Phase III expected by the end ofthis year, will determinr if Neurobiological Technologies moves the drug forward for U.S. Food and Drug Administration approvalin 2010. A November stock sale netted about $55 helping Neurobiological Technologies' stock avoid delisting for not meetingy theNasdaq exchange's $35 million minimum marke t value. The stock sale also will help finance Viprinex's two Phas e III trials. "We've been like Freiman says.
"We've taken a dead dog and put life backinto
But along with wrapping up clinica l work next year for the stroks drugViprinex -- derived from the venomj of the Malayan pit viper -- the drug-development trial conducteed by the Emeryville company may offeer a glimpse of the biopharmaceutical industry for years to come. Neurobiologicalo Technologies is the fourth company to get its hands on With new technologies and identificationof biomarkers, companies can better see why unsuccessful drug candidates failed and send them throughb a new, more focusex and more efficient round of clinical trials.
Such recyclinfg may become a more commom strategy as venture capitalists and other biopharma investors look to connect proven managemenrt teams with promising drugs that have settled on the back shelvesa oflarger companies. "Yoyu find there were these drugzsthat weren't effective becaused they didn't hit targets as they were developed in the says Neurobiological Technologies President and CEO Paul Freiman.
"Some products that were dogs coulc have a second or athird Indeed, that has been the case with ancrod, a compound whicyh Neurobiological Technologies has reworked as Working under the brand name Arwin, the drug was used untilk the early 1980s in Germany, Austria and Canada to treat circulation problems associated with heav smoking or arteriosclerosis. Yet , then a divisiomn of Germany's BASF, was encouragee by initial stroke studies by two investigators that led to a larger study with several The Malayanpit viper's venom, researcherws found, prevents the blood of its victims from clotting.
In humans, ancrode developers have hoped, it will reduce clottingb in acute ischemicstroke victims. Those stroke occur when the blood supply to a part of the brai n iscut off, accounting for about 80 percenty of all strokes. But while one of Knoll's trialws produced positive results, one in Europe raiser safety concerns. With inconsistent results and meager salews of anotherstroke drug, Knoll haltedd the project. Then BASF in Marcn 2001 sold Knollto . "The European triaol then was neverfully analyzed," says David who designed and ran the successful Knoll trial and now is vice presidenty of clinical development with Neurobiological Technologies.
"Neithef Knoll or Abbott tried to determine the flawas of the trial and concluded thedrug didn't work in that time window and was dead." Levy and a former colleagu e thought otherwise. They formed a , and struck a favorable deal with Abbot to buythe drug, its accompanying data -- and the Levy's colleague was so convinced he had even remortgagec his home to raise the capital to buy ancrod. "Buyt there was no money left do anythinvwith it," Levy says. At the time, Freimann was looking for money and potential products after Neurobiologicalp Technologies had outlicensedan Alzheimer'x disease treatment in 2002-2003.
One of his stopas was the Biotechnology ValueFund LP, a San Francisco privatse investment partnership, whose portfolio manager, Matthew Perry, pointesd Freiman toward Empire. A mergerf deal closed in July 2004. "What reallhy intrigued us is the drug had alreadtbeen (tested) in 2,000 patients in Knoll's That's a rare find in our industry," Freiman "Usually it's five people or 100 Under Levy's guidance, Neurobiological Technologies has changed ancrod's dosing That, he says, gives doctorx up to six hourd to treat new stroke compared to an initial treatment window of abou t three hours in Knoll'w studies.
Viprinex's clinical data has been vetted four times by an independent groupof physicians, Freiman says, with a fifty coming within 60 days. Interim data from the Phase III expected by the end ofthis year, will determinr if Neurobiological Technologies moves the drug forward for U.S. Food and Drug Administration approvalin 2010. A November stock sale netted about $55 helping Neurobiological Technologies' stock avoid delisting for not meetingy theNasdaq exchange's $35 million minimum marke t value. The stock sale also will help finance Viprinex's two Phas e III trials. "We've been like Freiman says.
"We've taken a dead dog and put life backinto
вторник, 7 августа 2012 г.
ABQ foreclosures rise, but sit below national rate - New Mexico Business Weekly:
uraa-quartely.blogspot.com
percent for April 2009, representing a 0.63 percentages point annual difference. However, foreclosure rates in Albuquerqud continued to risein April, to 1.17 percent, an increasr of 0.36 when compared to April to according to , the collector of national data on home foreclosures and delinquency activity. The state of New Mexico has a 1.04 percent foreclosure and a 0.22 percent bank repossession rate. Perhaps more troublinfg for theDuke City’s future is that the mortgagew delinquency rate has increased to 3.03 percentg of mortgage loans that were 90 days or more delinquent, compare to 2.02 percent for the same period last Nationally, 5.
1 percent of mortgages are 90 days During the past 12 months, there were a total of 4,91t foreclosure filings in Albuquerque, or approximately 13.47 per day. That comparees to the previous 12-month perio d of May 2007 to April 2008 when therewere 4,061 foreclosure filings, or approximately 11.13 per day. Public recorr foreclosure filings include the three steps in theforeclosure process, starting with the pre-foreclosure filingy or Notice of Default (NOD), which typically occura after the 90-day delinquency period; the Notice of Foreclosurr Sale when the property is scheduled for auction; and the Notificatioj of Sale, filed after the propertu is sold at auction.
If the property isn’ sold at auction, it goes back to the lended and is considered Real Estate Owned Because data is collected from public it is subject to limitations with regarfd to geographiccoverage
percent for April 2009, representing a 0.63 percentages point annual difference. However, foreclosure rates in Albuquerqud continued to risein April, to 1.17 percent, an increasr of 0.36 when compared to April to according to , the collector of national data on home foreclosures and delinquency activity. The state of New Mexico has a 1.04 percent foreclosure and a 0.22 percent bank repossession rate. Perhaps more troublinfg for theDuke City’s future is that the mortgagew delinquency rate has increased to 3.03 percentg of mortgage loans that were 90 days or more delinquent, compare to 2.02 percent for the same period last Nationally, 5.
1 percent of mortgages are 90 days During the past 12 months, there were a total of 4,91t foreclosure filings in Albuquerque, or approximately 13.47 per day. That comparees to the previous 12-month perio d of May 2007 to April 2008 when therewere 4,061 foreclosure filings, or approximately 11.13 per day. Public recorr foreclosure filings include the three steps in theforeclosure process, starting with the pre-foreclosure filingy or Notice of Default (NOD), which typically occura after the 90-day delinquency period; the Notice of Foreclosurr Sale when the property is scheduled for auction; and the Notificatioj of Sale, filed after the propertu is sold at auction.
If the property isn’ sold at auction, it goes back to the lended and is considered Real Estate Owned Because data is collected from public it is subject to limitations with regarfd to geographiccoverage
понедельник, 6 августа 2012 г.
2009 WNY middle school rankings - The Business Journal of Milwaukee:
lyubomiradete.blogspot.com
Profiles of the top 25 schools can be reachefd by clicking on the names of thoseschools below. A breakdown of the rankings for each sectionh of Western New York can be accessedby . The following abbreviationxs havebeen used: CS-Charter EMS-Elementary-Middle School, ES-Elementary School, HS-Highy School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocationalo High School. Each school is followed by the name of the districtr that operatesit (if it’se a public school) or the district wherer it is located (if it’s a privatew school). • 1. • 2. • 3. 4.
• 5. • 6. 7. • 8. • 9. 10. • 11. • 12. • 13. 14. • 15.
Profiles of the top 25 schools can be reachefd by clicking on the names of thoseschools below. A breakdown of the rankings for each sectionh of Western New York can be accessedby . The following abbreviationxs havebeen used: CS-Charter EMS-Elementary-Middle School, ES-Elementary School, HS-Highy School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocationalo High School. Each school is followed by the name of the districtr that operatesit (if it’se a public school) or the district wherer it is located (if it’s a privatew school). • 1. • 2. • 3. 4.
• 5. • 6. 7. • 8. • 9. 10. • 11. • 12. • 13. 14. • 15.
суббота, 4 августа 2012 г.
Basics of the Gift-Tax Exclusion - Wall Street Journal
afyfojahejus.blogspot.com
Basics of the Gift-Tax Exclusion Wall Street Journal A friend of mine from Connecticut asked me whether he and his wife are allowed to combine their annual gift-tax exclusion. The answer is yes, according to the Internal Revenue Service website (www.irs.gov). "You and your spouse are each entitled to the ... |
пятница, 3 августа 2012 г.
Blue Shield of California to spend $100M+ to upgrade IT - San Francisco Business Times:
andreychukuze.blogspot.com
Officials at the San Francisco-based insurer callee the proposed multi-year IT overhaulp "one of the largest and mot important technology projects Blue Shieldr hasever undertaken," noting that the new software deal is just part of the Blue Shield of California said it contracted with Newporgt Beach-based (NASDAQ: TZIX) earlier this month to acquire softwarwe for the technology upgrade, which is expected to starft next year. A small portion of that $100 millio will be paid in the first quarted ofthis year, officials said.
In addition, significanft amounts of money will also be spenty on hardware and other aspects of the massivretechnology project, according to Blue Shield spokesman David Seldin. He didn't immediately provides information on the financial scops of the hardware and other aspects of thegiangt upgrade. The multi-year project is part of a Blue Shielc strategy to make it easier to do businesas withthe not-for-profit health plan "bty improving data systems associated with claims membership, customer service, sales channels, and new product officials said Jan. 29.
TriZetto is providingb a number of software including web-related products, application managementg services and consulting services to Blue Shield. Bob Blue Shield's executive vice president of customert services andcorporate marketing, said the technology overhauk will help Blue Shield to "better serve our business partners, insurance brokers and healthcare providers by enabling more efficient processes and tools." The health plan said it chos TriZetto due to its affiliations with many Blueds plans nationwide "and for being the industry-wide standard.
" Blue Shielx is the 79th health plan, and the 16th Blue Cross Blue Shield Association member plan to standardiz on TriZetto's Facets officials said. Blue Shield of Californiaz has 3.2 million enrollees and 4,50o employees statewide.
Officials at the San Francisco-based insurer callee the proposed multi-year IT overhaulp "one of the largest and mot important technology projects Blue Shieldr hasever undertaken," noting that the new software deal is just part of the Blue Shield of California said it contracted with Newporgt Beach-based (NASDAQ: TZIX) earlier this month to acquire softwarwe for the technology upgrade, which is expected to starft next year. A small portion of that $100 millio will be paid in the first quarted ofthis year, officials said.
In addition, significanft amounts of money will also be spenty on hardware and other aspects of the massivretechnology project, according to Blue Shield spokesman David Seldin. He didn't immediately provides information on the financial scops of the hardware and other aspects of thegiangt upgrade. The multi-year project is part of a Blue Shielc strategy to make it easier to do businesas withthe not-for-profit health plan "bty improving data systems associated with claims membership, customer service, sales channels, and new product officials said Jan. 29.
TriZetto is providingb a number of software including web-related products, application managementg services and consulting services to Blue Shield. Bob Blue Shield's executive vice president of customert services andcorporate marketing, said the technology overhauk will help Blue Shield to "better serve our business partners, insurance brokers and healthcare providers by enabling more efficient processes and tools." The health plan said it chos TriZetto due to its affiliations with many Blueds plans nationwide "and for being the industry-wide standard.
" Blue Shielx is the 79th health plan, and the 16th Blue Cross Blue Shield Association member plan to standardiz on TriZetto's Facets officials said. Blue Shield of Californiaz has 3.2 million enrollees and 4,50o employees statewide.
четверг, 2 августа 2012 г.
Kudos to all who are exercising 'mor freedum' - Herald Zeitung
ycoguqi.wordpress.com
Kudos to all who are exercising 'mor freedum' Herald Zeitung Kudos to all who are exercising 'mor freedum'. Story · Comments. Print: Create a hardcopy of this page; Font Size: Default font size: Larger font size. Posted: Wednesday, August 1, 2012 11:45 pm. Kudos to all who are exercising 'mor freedum' New ... |
Подписаться на:
Сообщения (Atom)